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RCS RCSR ES MN Momentum Data Storage Large Blend Natural Foods 
Benchmark SP 500  1,639   12.31  Index Moved Up 0.76% United States ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 S&P 500  vs   STAAR Surgical Company
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Daily Returns (%)
GSPC   STAA   
 
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Assuming 30 trading days horizon, S&P 500 is expected to under-perform the STAAR. But the index apears to be less risky and, when comparing its historical volatility, S&P 500 is 2.15 times less risky than STAAR. The index trades about -0.1 of its potential returns per unit of risk. The STAAR Surgical Company is currently generating about 0.21 of returns per unit of risk over similar time horizon. If you would invest  878  in STAAR Surgical Company on May 19, 2013 and sell it today you would earn a total of  69.00  from holding STAAR Surgical Company or generate 7.86% return on investment over 30 days.

Diversification

Weak diversification
Overlapping area represents amount of risk that can be diversified away by holding S&P 500 and STAAR Surgical Company in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.37
Parameters
Time Period1 Month [change]
DirectionPositive STAA Moved Up vs ^GSPC
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
GSPC   STAA   

S&P 500

 
    
SP 500
Performance
0
Out Of
100
Over 30
Days
    

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STAAR Surgical Company

 
    
STAAR
Performance
11
Out Of
100
Over 30
Days
89% of all equities and portfolios perform better than STAAR Surgical Company. Compared with the overall equity markets, risk-adjusted returns on investments in STAAR Surgical Company are ranked lower than 11 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for STAAR

Baxter International Inc vs. STAAR Surgical Company
CareFusion Corporation vs. STAAR Surgical Company
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